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Press Release

Friday, November 20, 2009

OPIC Selects SALTUS, LLC as Originator in Enterprise Development Network

SALTUS, LLC Tel: 202 352 4514; nenad.dordevic@saltus.us.com

WASHINGTON, D.C. –The Overseas Private Investment Corporation (OPIC) has selected SALTUS, LLC, a management and financial advisory services company serving the global financial marketplace, to serve as an originator for growing alliance with the private sector designed to support small and medium-sized enterprises (SMEs) expanding into emerging markets overseas. 

The alliance, the Enterprise Development Network (EDN), is expanding the ability of OPIC – the U.S. government agency charged with facilitating U.S. private sector investment in emerging markets – to provide financing to SMEs doing business in developing countries.

Through the support of financial institutions, business consultants, associations, law firms and regional investment promotion agencies, EDN is designed to enhance SME access to OPIC products and services. By empowering such service providers, the network will result in more efficient, cost-effective delivery of services to American businesses.

Based in Washington, D.C., SALTUS, LLC offers management and financial advisory services to U.S. and emerging markets companies and provides strategic advice and guidance in raising capital through traditional and alternative sources, including U.S. government agencies, multilateral lending institutions, commercial banks, private equity, venture capital and angel investors. The company was formed in 2009 and is managed by Nenad Dordevic – Founder and President, an international financial services professional with more than 15 years of experience in government and corporate finance, banking and law. For more details and contact information please visit www.saltus.us.com.
 


OPIC was established as an agency of the U.S. government in 1971. It helps U.S. businesses invest overseas, fosters economic development in new and emerging markets, complements the private sector in managing risks associated with foreign direct investment, and supports U.S. foreign policy. Because OPIC charges market-based fees for its products, it operates on a self-sustaining basis at no net cost to taxpayers.

 

OPIC’s political risk insurance and financing help U.S. businesses of all sizes invest in more than 150 emerging markets and developing nations worldwide. Over the agency's 39-year history, OPIC has supported $194 billion worth of investments that have helped developing countries to generate over 842,000 host-country jobs. OPIC projects have also generated $73 billion in U.S. exports and supported more than 274,000 American jobs.